Chipper Cash has taken its operations to South Africa.
The payments company, which lauds itself for supporting no-fee cross-border payments, has been eyeing the South African market, following a Nigeria launch in September 2019.
This makes South Africa its seventh base in the content, having started operations in 2018. Besides Kenya, Chipper Cash is also present in Tanzania, Uganda, Rwanda, Ghana, and Nigeria.
Headquartered in San Francisco, Chipper Cash offers P2P payments.
The Chipper Cash app, which is available for both Android and iOS users allows them to send and receive funds from one country to another for free. The exercise is possible by linking a customer’s bank account with a Chipper wallet.
Customers can also buy airtime for themselves, as well as friends and family using the platform.
South Africa users should note that the payments app has been linked to all primary banks in the country: Absa, Capitec, First National Bank, Investec Bank, Nedbank Limited and Standard Bank.
Chipper Cash says that its main agenda is to popularize financial inclusion in the continent where 21 percent of adults are financially included. So far, it has processed more than 3 million transactions and serves a customer base of over 600,000 users.
Chipper Cash enables you to pay anyone across Africa in a fast, free, and easy way, right from your mobile phone. By expanding to South Africa, we are furthering our mission of unlocking opportunities and bringing Africa together, one transaction at a time.
-Ham Serunjogi, Co-Founder and CEO Chipper Cash